| Job Summary
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Company Job ID
09376-5173142 |
Job Title
Product Analyst / Sr. Product Analyst
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Company:
Liberty Mutual Group
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Location
US - MA, Boston, 02108
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AJE Reference Number
525660274
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Job Start/End Date
not provided
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Job Type
Regular
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Job Classification
Full Time
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Hours/Week
not provided
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Salary Range
not provided
N/A
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Education
not provided
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Required Degree/Formal Training
not provided
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Required Licenses/Certificates
not provided
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Experience
not provided
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Company Homepage
not provided
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Advance your career at Liberty Mutual - A Fortune 100 Company!
The product analyst participates in the analysis and development of the company's product offerings, pricing, and competitive position forProperty andAuto products. Coordinates the implementation of new rating plans, underwriting rules, process improvements, and other initiatives to support profitable growth.
Responsibilities:
ııı Gathers data, conducts analysis, and develops recommendations impacting product features, pricing, underwriting, and distribution. Collaborates with other functional areas such as Sales, Service, Claims, Information Systems, Production, and Compliance to assess the potential effects of these changes and incorporate these considerations into recommendations.
ııı Primary contact for regional management on underwriting rules, pricing structure, and performance reporting for assigned product lines.
ııı Manages the introduction of coverage and rate changes for assigned product lines. Develops business requirements and discusses specifications with Information Systems team. Prepares revisions to underwriting and rating manuals for submission to state regulatory agencies, and drafts responses to questions from regulatory analysts.
ııı Assists in special projects by performing analysis upon management request, focusing on the retrieval and evaluation of internal and external data in order to answer key business questions.
ııı Performs other duties as needed.
Qualifications:
ııı Bachelor's degree in Mathematics, Statistics, Finance, Economics or Insurance preferred; or equivalent experience.
ııı Approximately 2 to 4 years related work experience.
ııı Proficient in Excel & PowerPoint.
ııı Must have good planning, organizational, analytical, decision-making and communication skills.
ııı Must be able to complete assigned projects with little supervision.
ııı Knowledge of rate-making procedures preferred.
ııı Basic knowledge of insurance principles/ laws/ regulations, underwriting rules and guidelines, policy contract coverages and conditions, rating manual rules are preferred.
ııı Understanding of functions of various departments such as statistical, sales, and underwriting.
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
ııı 401K and Company paid pension plan
ııı Medical coverage
ııı Dental coverage
ııı Paid time-off
ııı Pay-for-Performance
ııı Discounts on automobile and homeowner's insurance
ııı Discountfitness memberships
ııı Flexible spending accounts
ııı Tuition reimbursement
ııı Vision care coverage
ııı Work/Life resources
ııı Credit Union membership
ııı Employee and Dependent life insurance
ııı Disability insurance
ııı Long-term care insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives everyday.
Responsibility. What's your policy?
A benefit package may or may not be available. Request specific information from the employer.
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